Overbought technicals and rich valuations point to a looming pulllback as momentum wanes.
Rich valuations and technical resistance point to a pullback.
Rich valuations, overbought technicals and extreme complacency provide headwinds over the coming months.
Up 169% year-to-date, valuations and technicals have reached extremes. Look for it to go on sale over the near-term.
After consolidating for months, traders should look to buy it on any weakness.
Improving technicals and overblown fears of competition point to a comeback in the days ahead.
With rich valuations and overbought technicals, it’s looking a little tired and toppy.
Undervalued fundamentally and oversold technically it’s ready to lift off over the coming months.
An attractive yield, solid fundamentals and improving technicals should take it higher in the months ahead.
It’s overbought and at extremes of valuation as it nears major resistance. It’s time to position for a pullback.